Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores.
Category: bitcoin depot
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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022.
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World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq. Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM […]Powered by WPeMatico
Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023.
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The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during the last 23 months since September 1, 2020, when there […]Powered by WPeMatico
Bitcoin Depot’s crypto ATMs surpass 5,000 as adoption grows
Bitcoin ATMs are becoming increasingly ubiquitous, especially in North America, offering compelling evidence of growing adoption.
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Circle K Deploys Bitcoin ATMs in Stores Across US and Canada — Over 700 Machines Already Installed
A leading convenience and fuel retailer, Circle K, is deploying bitcoin ATMs in its stores across the U.S. and Canada. More than 700 machines operated by Bitcoin Depot have already been installed. “As one of the world’s leading convenience and fuel retailers, Circle K is the first major retail chain to deploy bitcoin ATMs within […]Powered by WPeMatico
Circle K convenience stores will host thousands of crypto ATMs
Despite suspending service to some crypto ATMs during the early days of the pandemic, Bitcoin Depot has continued to expand.
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Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000
Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally. US Company Bitcoin Depot Expands ATM Coverage in 40 States Bitcoin Depot, which runs a growing network of crypto teller machines in the U.S., […]Powered by WPeMatico
Atlanta-Based Bitcoin ATM Provider Launches Over 100 New Machines Across 24 States in the US
A bitcoin ATM provider has announced a deployment of new machines across several states in the U.S. Bitcoin Depot is set to launch over 100 new bitcoin ATMs in 24 states soon. Bitcoin Depot Expects to Grow by 200% in 2021 According to the company, almost 115 BTC ATMs will be installed, doubling its current […]Powered by WPeMatico